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Kuku mandates cash transaction cessation nationwide, gives Feb 28 deadline
Abolishes physical cash receipt The Federal Airports Authority of Nigeria (FAAN) has taken a definitive step toward modernising its revenue collection, with Managing Director Mrs Olubunmi Kuku mandating a total cessation of cash transactions nationwide by February 28, 2026. This move is not just a localised initiative but a direct alignment with the Federal Government’s broader fiscal reforms, specifically the “No Physical Cash Receipt Policy” reinforced by the Office of the Accountant-General of the…
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